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Senator Ernst Pushes COST Act to Combat Federal Fraud

3/18/2026

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Story summary
  • Senator Joni Ernst (R-Iowa) promotes the COST Act to require detailed reporting on taxpayer dollars and combat fraud, citing recent cases of alleged fraudulent daycares in Minnesota.
  • The bill would require all recipients of federal funds to disclose the percentage of costs covered by these funds and the total amount received.
  • The Office of Management and Budget would oversee compliance.
  • Ernst says the measure would expose fraud and improve accountability.